- Everyone is talking about it. It is the greatest force changing
the structure of the world as we know it – how its governments,
businesses, and people operate and interact. But, what does
globalization really mean? To completely understand this complex
process and why it causes both fear and optimism in citizens
everywhere, it is necessary to look at it from various viewpoints.
In this section, we hope to shed light on the many issues
relevant to globalization, and we encourage you to explore
this and other web sites to learn more about the process that
is driving your collective future.
brief, globalization refers to the increasingly and closely
intertwined economic and political activities of nations.
According to Thomas Friedman, globalization involves the “integration
of markets, nation-states, and technologies to a degree never
witnessed before--in a way that is enabling individuals, corporations,
and nation-states to reach around the world farther, faster,
deeper, and cheaper than ever before.” and in a way
that The driving idea behind globalization is that “the
more you open your economy to free trade and competition,
the more efficient and flourishing your economy will be.”
However, the process of globalization has resulted in both
cooperation and conflict. While the growing interdependence
among nations has resulted in amazing opportunities for increased
trade and economic growth, it is also “producing a powerful
backlash from those brutalized or left behind by this new
system.” What are the issues and challenges of globalization
that have induced fear and anger in citizens around the world?
What are the opportunities we could benefit from if we work
together to eliminate the problems associated with globalization?